Alhaji Muhammadu Sanusi II, the Emir of Kano, has commended President Muhammadu Buhari over his appointment of a new economic team.
President Buhari had constituted a new economic advisory council to help in his drive to stir the country’s economy positively. Leadership reports that the Emir of Kano described the president’s move as the single most important decision of his second term.
The former governor of the Central Bank of Nigeria said the team would add a lot of value to Buhari’s strategic plans.
He said: “In my opinion this is the single most important decision taken by the President in his second term with great potential for turning the economy around. The team he has assembled is first class by all standards and each and everyone of them is held in high regard by all our professional colleagues.
“He also has put together a team with balance. In there you have experts in macroeconomics, monetary policy, fiscal policy, development theory and financial markets. I can think of no better team of advisers at this point and we look forward to discussing and debating with and encouraging them as they serve the nation and the President.
“The president deserves to be praised on this decision and supported. It is evidence of commitment to focus on the economy. This team will add a lot of value to policy and strategy and will also be frank and honest in its advice. I honestly have not been so excited about prospect on the economy as I am today and you know me. I do not dish out praise.”
“The Economic Advisory Council (EAC) will advise the president on economic policy matters, including fiscal analysis, economic growth and a range of internal and global economic issues working with the relevant cabinet members and heads of monetary and fiscal agencies.
“The EAC will have monthly technical sessions as well as scheduled quarterly meetings with the president. “The chairman may, however, request for unscheduled meetings if the need arises.”